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Today's pause wasn't a surprise given the equity market's recent seven session winning streak.

However, below the surface, some uneasiness may be developing among investors as news out of Washington wraps tax reform in a blanket of uncertainty.

pm This week's biggest % gainers/losers (: WRAPX) : The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

pm This week's biggest % gainers/losers (: WRAPX) : The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

The news underpinned the consumer discretionary ( 0.3%) and consumer staples ( 0.7%) sectors, which largely depend on the free flow of goods and services to keep prices competitive. Unilever rejected the initial bid, stating that the offer was fundamentally undervalued, but Kraft aims to keep pursuing the transaction." data-reactid="46"Consumer staples also received a jolt from M&A news after Kraft Heinz (KHC 96.65, 9.37) revealed that it has proposed a merger with U. T- Mobile (TMUS 63.92, 3.31) and Sprint (S 9.30, 0.30) merger after the first attempt in 2014 was struck down by regulators.